PPR PRAIRIE PROVIDENT RESOURCES

Prairie Provident Announces Interim Extension of Senior Credit Facility

Prairie Provident Announces Interim Extension of Senior Credit Facility

CALGARY, Alberta, June 27, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the "First Lien Loan") until July 31, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan.

ABOUT PRAIRIE PROVIDENT

Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta, including a position in the emerging Basal Quartz trend in the Michichi area of Central Alberta.

For further information, please contact:

Ryan Rawlyk, President and CEO

Phone:  (403) 292-8180

Email:  

Forward-Looking Information

Reference in this news release to a further extension of the First Lien Loan may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is provided as of the date of this news release and is based on the Company's current assumptions, plans, expectations and beliefs. Forward-looking information is, however, inherently uncertain, and there can be no assurance that any event, outcome or circumstance stated or suggested in forward-looking information, including a further extension of the First Lien Loan, will occur or be realized. Prairie Provident assumes no obligation to publicly update or revise any forward-looking information herein to reflect new or different events, outcomes or circumstances, or otherwise, except as may be required pursuant to applicable laws.



EN
27/06/2024

Underlying

PPRPRAIRIE PROVIDENT RESOURCES

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on PRAIRIE PROVIDENT RESOURCES

 PRESS RELEASE
Free
PPR PRAIRIE PROVIDE...

Prairie Provident Announces Third Quarter 2025 Results

Prairie Provident Announces Third Quarter 2025 Results CALGARY, Alberta, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the third quarter of 2025. The Company’s interim financial statements for the three and nine months ended September 30, 2025 and related Management’s Discussion and Analysis (“MD&A”) are available on our website at and filed on SEDAR+ at THIRD QUARTER 2025 FINANCIAL AND OPERATING HIGHLIGHTS Production averaged 2,295 boe/d (57% liquids)1 for Q3 2025, ...

November 14, 2025 1 EN
 PRESS RELEASE
Free
PPR PRAIRIE PROVIDE...

Prairie Provident Announces Completion of Preferred Share Financing an...

Prairie Provident Announces Completion of Preferred Share Financing and Debt Amendments CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce completion of its previously-announced preferred share financing (the "Equity Financing"), raising C$26.5 million of additional equity capital, and concluded amendments to its debt agreements to extend maturities by 24 months, defer cash interest obligations through 2026, and adjust financial covenants (the "Debt Amendments"). Equity Financing Th...

November 3, 2025 1 EN
 PRESS RELEASE
Free
PPR PRAIRIE PROVIDE...

Prairie Provident Announces Non-Binding Term Sheets for Preferred Shar...

Prairie Provident Announces Non-Binding Term Sheets for Preferred Share Investment and Debt Amendments to Strengthen Financial Position and Advance Drilling Program NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce non-binding term sheets for a proposed preferred share financing (the "Proposed Financing") to raise US$18.9 million (approximately C$26.5 million at current exchange rates) of additional...

October 21, 2025 1 EN
 PRESS RELEASE
Free
PPR PRAIRIE PROVIDE...

Prairie Provident Announces Second Quarter 2025 Results

Prairie Provident Announces Second Quarter 2025 Results CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the second quarter of 2025. The Company’s interim financial statements for the three and six months ended June 30, 2025 and related Management’s Discussion and Analysis (“MD&A”) are available on our website at and filed on SEDAR+ at SECOND QUARTER 2025 FINANCIAL AND OPERATING HIGHLIGHTS In late April 2025, the Company brought on production the three...

August 12, 2025 1 EN
 PRESS RELEASE
Free
PPR PRAIRIE PROVIDE...

Prairie Provident Reports on AGM Voting Results

Prairie Provident Reports on AGM Voting Results CALGARY, Alberta, May 22, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces voting results from its annual and special shareholders' meeting held today (the “Meeting”). A total of 1,216,965,050 common shares, representing approximately 86.8% of the Company’s issued and outstanding common shares, were represented in person or by proxy at the Meeting. All of the matters put forward to the shareholders, as set out in the Company's notice of meeting and information cir...

May 22, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch